The European Central Bank (ECB) may reduce interest rates further as eurozone inflation drops close to its 2% target, according to policymaker François Villeroy de Galhau. With inflation easing and economic growth slowing, the ECB sees room for gradual rate cuts, possibly starting in June. Villeroy emphasized a data-driven approach amid external pressures like U.S. tariffs, while affirming that the eurozone is not facing a recession, and monetary policy flexibility remains essential.
Across the United States, families are honoring mothers today with heartfelt gestures, celebrations, and tributes. Mother's Day, observed annually on the second Sunday in May, is a time to recognize the enduring love, resilience, and sacrifices of mothers and mother figures. From brunches and flowers to phone calls and community events, Americans are coming together to say “thank you” in countless meaningful ways.
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